Streetbeat News

Analyst Ratings

AMZN

GOOGL

MSFT

NVDA

DA Davidson analyst Gil Luria downgraded Microsoft to Neutral, citing increased competition from Amazon and Google in AI and cloud services. Microsoft's lead in AI has diminished, impacting its premium valuation. The company faces challenges in maintaining its growth and margins.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 5:10 pm

LAZ

Morgan Stanley analyst Ryan Kenny has maintained an Overweight rating on Lazard (NYSE:LAZ) and increased the price target from $56 to $60.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 5:09 pm

HLI

Morgan Stanley has maintained an Equal-Weight rating on Houlihan Lokey and raised its price target from $146 to $163.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 5:07 pm

AVGO

IWF

XLK

Broadcom Inc (NASDAQ:AVGO) has launched the Sian 2 DSP, a high-performance digital signal processing PHY for AI data centers, reinforcing its leadership in optical DSP PHYs. The company reported strong Q3 growth and expects AI semiconductor revenue to rise significantly in 2024. Analysts remain bullish on Broadcom, with no bearish recommendations.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 5:05 pm

JEF

Morgan Stanley analyst Ryan Kenny has maintained an Equal-Weight rating on Jefferies Financial Group (NYSE:JEF) while raising the price target from $59 to $64.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 5:05 pm

EVR

Morgan Stanley analyst Ryan Kenny has maintained an Overweight rating on Evercore (NYSE:EVR) and raised the price target from $273 to $306.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 5:03 pm

NVST

Envista Holdings (NYSE:NVST) has received mixed analyst ratings over the past three months, with a recent downward trend in price targets. The company's financial metrics, such as revenue growth and net margin, are below industry averages, indicating potential challenges. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 5:01 pm

REGN

Financial giants are making bearish moves on Regeneron Pharmaceuticals (NASDAQ:REGN) through options trading. Analysis shows 50% bearish sentiment with significant trades in puts and calls. The stock is currently down 3.02% at $1110.5, with analysts providing mixed ratings and price targets.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 5:01 pm

DIS

Deep-pocketed investors are showing a bearish sentiment towards Walt Disney (NYSE:DIS) with significant options activity. The options scanner at Benzinga highlighted 18 extraordinary options activities, with 50% of the sentiment being bearish. The stock is currently trading at $92.77, down by 1.05%, and has a consensus target price of $91.0.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 5:01 pm

FCX

Analysts have mixed ratings for Freeport-McMoRan (NYSE:FCX) with a range of bullish to bearish sentiments. Recent evaluations show a slight decline in the average 12-month price target. The company has shown strong revenue growth but faces challenges with profitability and debt management.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 5:01 pm